Form 4: Director Stephen LeClair Receives Dycom RSU Grant

Sentiment:

Statement of Changes in Beneficial Ownership


Director Stephen O. LeClair was granted 331 restricted stock units by Dycom Industries, Inc. on May 28, 2026.

Summary

  • Director Stephen O. LeClair received a grant of 331 restricted stock units (RSUs) from Dycom Industries, Inc.
  • The grant was issued on May 28, 2026, with no consideration paid by the director.
  • Each RSU represents a contingent right to acquire one share of common stock upon vesting.
  • Following this transaction, the director's total beneficial ownership is 755 shares, including unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.

Positives

  • Alignment of director interests with shareholders through equity-based compensation.

Negatives

  • None identified.

Risks

  • Vesting is subject to the director's continued service until the earlier of May 28, 2027, or the next annual meeting of shareholders.

Future Outlook

The RSUs are scheduled to vest in one annual installment on May 28, 2027, or upon the date of the next annual meeting of shareholders, whichever occurs first.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term performance and align leadership with shareholder value.

Comparison to Industry Standards

  • The use of RSUs as a component of director compensation is consistent with standard practices for publicly traded companies in the construction and engineering sector.

Stakeholder Impact

  • Minimal impact on shareholders as the grant represents a standard compensation structure.

Next Steps

  • Vesting of the 331 RSUs on May 28, 2027, or the date of the next annual meeting.

Key Dates

DateDescription
05/28/2026Date of RSU grant transaction.
05/29/2026Date of filing.
05/28/2027Scheduled vesting date for the RSUs.

Keywords

Dycom Industries, DY, Form 4, Insider Trading, Restricted Stock Units, Director Compensation

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